NEXT STEP
Federal • Troy, New York • Est. 1954
Quick Facts
- Charter Number
- #9486
- Type
- Federal
- Established
- 1954
- Headquarters
- Troy, New York 12180
- Address
- 150 Defreest Dr
- Branches
- 3
- ATMs
- 2
- Members
- 4,313
- Membership Type
- Other/Unknown
CUScore Financial Grade
Based on Q1 2026 NCUA Call Report data
Under CUScore's rules, this institution reports a net worth ratio of at least 6% and a delinquency rate below 3%. This simplified grade is informational, is not an official NCUA rating, and does not determine regulatory or deposit-insurance status.
Financial Overview
Total Assets
Members
4,313 total members
Total Loans
Outstanding loan portfolio
Net Worth Ratio
Financial Details
| Metric | NEXT STEP |
|---|---|
| Total Assets | $107.1M |
| Members | 4,313 |
| Loans Outstanding | $33.9M |
| Shares & Deposits | $96.8M |
| Net Worth | $10.3M |
| Net Worth Ratio | 9.89% |
| Loan-to-Share Ratio | 35.0% |
| Delinquency Rate | 2.04% |
| Net Income | +$123,402 |
Source: Q1 2026 NCUA Call Report • Reporting date: 3/31/2026
Branch Locations
3 locations · 2 ATMs
Albany Branch
325 Washington Avenue Ext
Albany, NY 12205-5581
Troy Branch
Main Office150 Defreest Dr
Troy, NY 12180
Troy Branch
150 Defreest Dr
Troy, NY 12180
Who Can Join NEXT STEP?
Membership Type: Other/Unknown
Membership eligibility for NEXT STEP may vary. Contact the credit union directly to confirm qualification requirements.
Contact NEXT STEP directly or visit their website for the most accurate and up-to-date membership eligibility information.
Find More Credit Unions in New York
Review the Q1 2026 statewide dataset, aggregate ratios, and institutions ranked by reported assets.
View New York RankingsFrequently Asked Questions
NEXT STEP is listed as federally insured in the Q1 2026 NCUA dataset. NCUA share insurance generally covers qualifying accounts up to the standard maximum amount, with coverage depending on account ownership categories. Verify current status and coverage for your accounts with the NCUA or the institution.
As of the Q1 2026 NCUA Call Report, NEXT STEP has 4,313 members and a potential membership field of 1,032,666 people.
NEXT STEP's reported net worth ratio is 9.89% as of Q1 2026. The NCUA's standard net worth ratio threshold for "well capitalized" is 7%, although official status can involve additional rules.
NEXT STEP operates 3 branch locations and has access to 2 ATMs. The main office is located at 150 Defreest Dr, Troy, NY 12180.
NEXT STEP was established in 1954. It is a federal credit union chartered under charter number 9486. The institution has been serving members for 72 years.
Data sourced from the NCUA Quarterly Call Report (Q1 2026). CUScore is an independent directory and is not affiliated with the NCUA or NEXT STEP. All financial data is for informational purposes only.